31.25 USD
-0.38 (-1.2%)
31.25 USD
0 (0%)
Taking everything into account, COFS scores 5 out of 10 in our fundamental rating. COFS was compared to 387 industry peers in the Banks industry. COFS may be in some trouble as it scores bad on both profitability and health. COFS is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! Finally COFS also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
COFS had positive earnings in the past year.
COFS had a positive operating cash flow in the past year.
In the past 5 years COFS has always been profitable.
In the past 5 years COFS always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of COFS (0.50%) is worse than 78.29% of its industry peers.
COFS has a Return On Equity of 4.77%. This is in the lower half of the industry: COFS underperforms 78.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.5% | ||
| ROE | 4.77% | ||
| ROIC | N/A |
ROA(3y)0.93%
ROA(5y)0.91%
ROE(3y)11.71%
ROE(5y)10.39%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
COFS's Profit Margin of 15.00% is on the low side compared to the rest of the industry. COFS is outperformed by 77.52% of its industry peers.
COFS's Profit Margin has improved in the last couple of years.
COFS does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 15% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.55%
PM growth 5Y8.3%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
COFS does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for COFS has been increased compared to 1 year ago.
The number of shares outstanding for COFS has been increased compared to 5 years ago.
Compared to 1 year ago, COFS has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of COFS is 1.33, which is an excellent value as it means it would take COFS, only 1.33 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.33, COFS is in line with its industry, outperforming 58.14% of the companies in the same industry.
A Debt/Equity ratio of 0.11 indicates that COFS is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.11, COFS is in the better half of the industry, outperforming 65.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.33 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC11.89%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.71% over the past year.
Measured over the past years, COFS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.52% on average per year.
COFS shows a strong growth in Revenue. In the last year, the Revenue has grown by 61.38%.
The Revenue has been growing by 20.14% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)11.71%
EPS 3Y4.36%
EPS 5Y15.52%
EPS Q2Q%14.12%
Revenue 1Y (TTM)61.38%
Revenue growth 3Y5.01%
Revenue growth 5Y20.14%
Sales Q2Q%78.14%
3.2 Future
The Earnings Per Share is expected to grow by 4.09% on average over the next years.
Based on estimates for the next years, COFS will show a very strong growth in Revenue. The Revenue will grow by 25.13% on average per year.
EPS Next Y-19.4%
EPS Next 2Y4.89%
EPS Next 3Y4.09%
EPS Next 5YN/A
Revenue Next Year76.58%
Revenue Next 2Y38.41%
Revenue Next 3Y25.13%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.85, the valuation of COFS can be described as very reasonable.
89.15% of the companies in the same industry are more expensive than COFS, based on the Price/Earnings ratio.
COFS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.46.
Based on the Price/Forward Earnings ratio of 8.74, the valuation of COFS can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of COFS indicates a somewhat cheap valuation: COFS is cheaper than 76.23% of the companies listed in the same industry.
COFS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.85 | ||
| Fwd PE | 8.74 |
4.2 Price Multiples
COFS's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.95 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.57
EPS Next 2Y4.89%
EPS Next 3Y4.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.67%, COFS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.11, COFS pays a bit more dividend than its industry peers.
COFS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.67% |
5.2 History
The dividend of COFS has a limited annual growth rate of 0.25%.
COFS has paid a dividend for at least 10 years, which is a reliable track record.
COFS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.25%
Div Incr Years13
Div Non Decr Years15
5.3 Sustainability
COFS pays out 70.39% of its income as dividend. This is not a sustainable payout ratio.
The dividend of COFS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP70.39%
EPS Next 2Y4.89%
EPS Next 3Y4.09%
31.25
-0.38 (-1.2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners43.58%
Inst Owner Change4.14%
Ins Owners5.55%
Ins Owner Change1.06%
Market Cap469.38M
Revenue(TTM)143.14M
Net Income(TTM)21.47M
Analysts84.44
Price Target36.04 (15.33%)
Short Float %1.48%
Short Ratio1.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.67% |
Yearly Dividend1.09
Dividend Growth(5Y)0.25%
DP70.39%
Div Incr Years13
Div Non Decr Years15
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.54%
Min EPS beat(2)10.71%
Max EPS beat(2)14.38%
EPS beat(4)3
Avg EPS beat(4)6.77%
Min EPS beat(4)-6.12%
Max EPS beat(4)14.38%
EPS beat(8)7
Avg EPS beat(8)10.26%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)2.68%
Min Revenue beat(2)1.29%
Max Revenue beat(2)4.07%
Revenue beat(4)2
Avg Revenue beat(4)0.27%
Min Revenue beat(4)-3.71%
Max Revenue beat(4)4.07%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0.95%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.52%
EPS NY rev (1m)-27.22%
EPS NY rev (3m)-26.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.06%
Revenue NY rev (1m)0.87%
Revenue NY rev (3m)2.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.85 | ||
| Fwd PE | 8.74 | ||
| P/S | 3.28 | ||
| P/FCF | 12.95 | ||
| P/OCF | 11.33 | ||
| P/B | 1.04 | ||
| P/tB | 1.61 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.53
EY11.3%
EPS(NY)3.58
Fwd EY11.44%
FCF(TTM)2.41
FCFY7.72%
OCF(TTM)2.76
OCFY8.83%
SpS9.53
BVpS29.93
TBVpS19.39
PEG (NY)N/A
PEG (5Y)0.57
Graham Number48.76
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.5% | ||
| ROE | 4.77% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 15% | ||
| GM | N/A | ||
| FCFM | 25.33% |
ROA(3y)0.93%
ROA(5y)0.91%
ROE(3y)11.71%
ROE(5y)10.39%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.55%
PM growth 5Y8.3%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.33 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 29.17% | ||
| Cap/Sales | 3.61% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 168.89% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC11.89%
ROIC/WACCN/A
Cap/Depr(3y)18.86%
Cap/Depr(5y)20.56%
Cap/Sales(3y)2.84%
Cap/Sales(5y)2.9%
Profit Quality(3y)186.62%
Profit Quality(5y)152.18%
High Growth Momentum
Growth
EPS 1Y (TTM)11.71%
EPS 3Y4.36%
EPS 5Y15.52%
EPS Q2Q%14.12%
EPS Next Y-19.4%
EPS Next 2Y4.89%
EPS Next 3Y4.09%
EPS Next 5YN/A
Revenue 1Y (TTM)61.38%
Revenue growth 3Y5.01%
Revenue growth 5Y20.14%
Sales Q2Q%78.14%
Revenue Next Year76.58%
Revenue Next 2Y38.41%
Revenue Next 3Y25.13%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-45.84%
FCF growth 3Y10.34%
FCF growth 5Y40.98%
OCF growth 1Y-41.09%
OCF growth 3Y8.87%
OCF growth 5Y39.52%
CHOICEONE FINANCIAL SVCS INC / COFS FAQ
What is the fundamental rating for COFS stock?
ChartMill assigns a fundamental rating of 4 / 10 to COFS.
Can you provide the valuation status for CHOICEONE FINANCIAL SVCS INC?
ChartMill assigns a valuation rating of 5 / 10 to CHOICEONE FINANCIAL SVCS INC (COFS). This can be considered as Fairly Valued.
What is the profitability of COFS stock?
CHOICEONE FINANCIAL SVCS INC (COFS) has a profitability rating of 3 / 10.
What is the valuation of CHOICEONE FINANCIAL SVCS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for CHOICEONE FINANCIAL SVCS INC (COFS) is 8.85 and the Price/Book (PB) ratio is 1.04.
Is the dividend of CHOICEONE FINANCIAL SVCS INC sustainable?
The dividend rating of CHOICEONE FINANCIAL SVCS INC (COFS) is 6 / 10 and the dividend payout ratio is 70.39%.